The new revolution is driving massive developments across several sectors and the Banking, Financial Services and Insurance (BFSI), in particular, witnessed several major changes.

In the financial services sector, automation is used to deal with an ever-increasing volume of data, whether for customer service or shifting focus to areas such as security and risk.

Role of Cloud Computing in Boosting the Industrial Revolution

• Increased levels of productivity
• Secure storage of company data
• Better collaboration between teams
• Scalability
• Increased automation of tasks
• Save business money
• Reduced IT demands
• Expands employee availability